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Rent in Cleveland, TN

Across Cleveland's 5 ZIP codes, a 2-bedroom typically rents for about $1,101 a month, with figures from $901–$1,270. The highest typical rent is in 37364 ($1,270) and the lowest in 37323 ($922). 3 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Bradley County pay about 0.45% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Cleveland, TN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$884$621–$8845
1 bed$971$754–$9715
2 beds$1,101$901–$1,2705
3 beds$1,402$1,137–$1,5935
4 beds$1,669$1,006–$1,6695

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Cleveland ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Cleveland, TN?
About $1,101 a month: the median of the typical rents in 5 ZIP codes, which range from $901–$1,270. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Cleveland, TN?
About $971 a month: the median of the typical rents in 5 ZIP codes, which range from $754–$971. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Cleveland, TN?
About $1,402 a month: the median of the typical rents in 5 ZIP codes, which range from $1,137–$1,593. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Cleveland, TN?
About $884 a month: the median of the typical rents in 5 ZIP codes, which range from $621–$884. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Cleveland, TN?
About $1,669 a month: the median of the typical rents in 5 ZIP codes, which range from $1,006–$1,669. Figures are gross rent (rent plus tenant-paid utilities).
Which Cleveland ZIP code has the highest rent?
For a 2-bedroom, 37364 has the highest typical rent at $1,270 a month, and 37323 the lowest at $922.
What is the property tax rate in Cleveland, TN?
Owner-occupied homes in Bradley County pay a typical 0.45% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Cleveland rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).